There's A HUGE Difference Between The Fund That Bill Gross Is Leaving And The Fund That He's Going To
Bill Gross is leaving PIMCO for Janus Capital.
It's a stunning move for a number of reasons, but this ridiculous chart shows the extraordinary difference in assets under management between the PIMCO Total Return Fund that Gross oversaw at PIMCO, and the Janus Unconstrained Bond Fund that Gross will oversee at Janus.
Wow.